Lending, structured with institutional partners.
Horsepower originates and structures exclusive lending programs alongside institutional partners — secured by real assets and disciplined underwriting, aligned with the firm's development platform.
THE THESIS
Origination is the edge.
The most durable private credit is not bought in the market — it is originated. The firm's development platform and operator relationships generate proprietary lending opportunities others never see.
We structure those programs with institutional partners, underwriting to downside first and securing every position against real assets we understand as principals.
WHERE WE FOCUS
How the programs are built.
Proprietary Origination
Lending sourced through the firm's development activity and operator network, ahead of the broker market.
Asset-Secured
Positions secured by real assets, underwritten by a team that develops and operates them.
Institutional Structure
Programs structured with institutional partners on terms built for durable alignment.
Downside First
Every position is underwritten for capital protection before return.
FOR PARTNERS
Access to what origination creates.
Proprietary Access
Lending opportunities generated inside the platform, not competed for in the open market.
Aligned Structure
The firm's own capital works alongside its partners', with incentives set for the long term.
Operator Underwriting
Credit judged by people who build and operate the assets behind it.
PARTNER WITH US
Structure a program with us.
Horsepower works with institutions and capital partners seeking originated, asset-secured private credit.